Ankündigung • May 01
mF International Limited announced delayed 20-F filing On 04/30/2026, mF International Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 84% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (HK$29m revenue, or US$3.7m). Market cap is less than US$100m (US$19.0m market cap). New Risk • Apr 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 84% per year over the past 5 years. Minor Risks Revenue is less than US$5m (HK$29m revenue, or US$3.7m). Market cap is less than US$100m (US$20.6m market cap). Ankündigung • Jan 15
Mf International Ltd Announces Resignation of Directors, Effective January 12, 2026 mF International Ltd. announced that on January 12, 2026, Mr. Chi Weng Tam and Mr. Tai Wai Stephen Lam notified the Company of their resignation as directors, effective January 12, 2026. Mr. Tam and Mr. Lam were former executive officers, having resigned on June 2, 2025. Following the resignations of Mr. Tam and Mr. Lam, the board consists of two executive directors (the Company's current chief executive and chief financial officers) and three independent directors. Board Change • Dec 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Wei Qian is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Dec 02
mF International Limited announced that it has received $500 million in funding On December 1, 2025, mF International Limited announced that it has received $ 500,000,000 in funding and closed the transaction. Ankündigung • Nov 22
mF International Limited announced that it expects to receive $500 million in funding mF International Limited announced a private placement and entered into a securities purchase agreement with accredited institutional investors to issue 50,000,000 class A ordinary shares at a price of $10 for gross proceeds of $500,000,000 and pre-funded warrants for aggregate proceeds of $500,000,000 on November 21, 2025. The PIPE is expected to close on or around December 1, 2026. Reported Earnings • Oct 06
First half 2025 earnings released: HK$8.27 loss per share (vs HK$3.35 loss in 1H 2024) First half 2025 results: HK$8.27 loss per share (further deteriorated from HK$3.35 loss in 1H 2024). Revenue: HK$15.1m (up 21% from 1H 2024). Net loss: HK$13.7m (loss widened 147% from 1H 2024). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Capital Markets industry in the US. New Risk • Oct 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$13m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 84% per year over the past 5 years. Minor Risks Revenue is less than US$5m (HK$29m revenue, or US$3.7m). Market cap is less than US$100m (US$63.2m market cap). New Risk • Jul 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 478% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 77% per year over the past 5 years. Shareholders have been substantially diluted in the past year (478% increase in shares outstanding). Minor Risk Revenue is less than US$5m (HK$26m revenue, or US$3.3m). Buy Or Sell Opportunity • Jun 04
Now 83% overvalued after recent price rise Over the last 90 days, the stock has risen 168% to US$1.93. The fair value is estimated to be US$1.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • May 10
mF International Limited, Annual General Meeting, May 30, 2025 mF International Limited, Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: unit 1801, fortis tower, 77-79 gloucester road, wan chai, Hong Kong Reported Earnings • Apr 25
Full year 2024 earnings released: HK$1.59 loss per share (vs HK$0.57 profit in FY 2023) Full year 2024 results: HK$1.59 loss per share (down from HK$0.57 profit in FY 2023). Revenue: HK$26.1m (down 18% from FY 2023). Net loss: HK$20.2m (down 405% from profit in FY 2023). Ankündigung • Feb 05
mF International Receives Additional 180 Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Rule mF International Limited announced that it has received an extension of 180 calendar days from The Nasdaq Stock Market LLC to regain compliance with the Nasdaq's minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq (the "Bid Price Requirement"), following the expiration of the initial 180 calendar days period to regain compliance on January 28, 2025. As previously announced, the Company received a written notification from Nasdaq dated August 1, 2024, indicating that because the closing bid price of the Company's ordinary shares for the previous 30 consecutive business days was below $1.00 per share, the Company was not in compliance with the Bid Price Requirement, and Nasdaq granted the Company a period of 180 calendar days, or until January 28, 2025, to regain compliance with the Bid Price Requirement. As of the date hereof, the Company has not regained compliance with the Bid Price Requirement. Pursuant to the Extension Notice, the Company is eligible for an additional 180 calendar day period, or until July 28, 2025, to regain compliance with the Bid Price Requirement. To regain compliance, the Company's Class A ordinary shares must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. In the event that compliance cannot be demonstrated by July 28, 2025, the staff of Nasdaq will provide written notification that the Company's securities will be delisted. The Company intends to monitor the closing bid price of its Class A ordinary shares between now and July 28, 2025, and is considering its options to regain compliance with the Bid Price Requirement. The Company believes that the Extension Notice does not affect the Company's business operations, its U.S. Securities and Exchange Commission reporting requirements, or its contractual obligations. Buy Or Sell Opportunity • Jan 06
Now 30% undervalued The stock has been flat over the last 90 days, currently trading at US$0.98. The fair value is estimated to be US$1.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last year. Meanwhile, the company became loss making. Reported Earnings • Oct 16
First half 2024 earnings released: HK$0.46 loss per share (vs HK$0.19 profit in 1H 2023) First half 2024 results: HK$0.46 loss per share (down from HK$0.19 profit in 1H 2023). Revenue: HK$12.5m (down 12% from 1H 2023). Net loss: HK$5.55m (down 350% from profit in 1H 2023). Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to US$1.07, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 21x in the Capital Markets industry in the US. Ankündigung • Aug 19
mF International Limited, Annual General Meeting, Sep 06, 2024 mF International Limited, Annual General Meeting, Sep 06, 2024, at 15:00 China Standard Time. Location: unit 1801, fortis tower, 77-79 gloucester road, wan chai, Hong Kong Ankündigung • Aug 07
mF International Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency mF International Limited announced that the Company received a written notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC on August 1, 2024, notifying the Company that it is not in compliance with the minimum bid price requirement as set under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum bid price of $1.00 per share and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s ordinary shares for the 30 consecutive business days from June 18, 2024 to July 31, 2024, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company’s listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until January 28, 2025, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company’s ordinary shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by the end of the 180 calendar day period, which is January 28, 2025, the Company may be eligible for additional time to regain compliance or may face delisting. The Company’s business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid prices of its ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. New Risk • Aug 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.41m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 8.5% over the past year. High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (US$9.41m market cap). Minor Risk Revenue is less than US$5m (HK$32m revenue, or US$4.1m). Board Change • Jul 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • May 01
mF International Limited announced delayed 20-F filing On 04/30/2024, mF International Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.